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The Fyre Festival: Influencer Marketing Meets Fraud - Part 5: The cost of belief

The Fyre Festival: Influencer Marketing Meets Fraud - Part 5: The cost of belief

Season 10 Episode 5 Published 2 months, 1 week ago
Description
Once the case moved into court, the story stopped being spectacle and became accounting. Billy McFarland pleaded guilty, and the festival became a ledger of losses.In October two thousand eighteen, Judge P. Kevin Castel sentenced McFarland to six years in prison. That ended the first criminal phase, but not the damage. By then, the money was gone and the claims process had become its own wreckage.Learn more at: https://thefraudarchive.com/fraud/fyre-festival-billy-mcfarland

The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.

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